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Jul 21, 2011
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jon, thanks so much. robin? >> all right, david. >>> so many families along the atlantic coast worried today after a shark attack in shallow waters. a 6-year-old girl is recovering after a shark bit her on the foot and leg while she was playing close to shore. abc's steve osunsami is in topsail beach, north carolina, with the latest on that, good morning, steve. >> reporter: good morning, robin. that little girl was a little thing playing in water that was this high. just 18 inches. surprisingly high enough for a shark attack. the 6-year-old girl was floating ononer boogie board. had no idea what was lurking in the water just 18 inches below. the shark came from behind, grabbed on to her right leg and wouldn't let go. her mother, watching a few away, started screaming. >> mother yelled that the child had been apparently bit by a -- what appeared to be a shark. >> reporter: she was air lifted to a hospital two hours away. this morning, her family is grateful she is alive and in good condition. here on the carolin
jon, thanks so much. robin? >> all right, david. >>> so many families along the atlantic coast worried today after a shark attack in shallow waters. a 6-year-old girl is recovering after a shark bit her on the foot and leg while she was playing close to shore. abc's steve osunsami is in topsail beach, north carolina, with the latest on that, good morning, steve. >> reporter: good morning, robin. that little girl was a little thing playing in water that was this high. just...
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Jul 17, 2011
07/11
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budget director jack lew and senator jon kyl. two people who are around the negotiating table. in the meantime, also the report about wanting to go back to the grand bargain. president said he wanted to do that. speaker boehner said he wants to do that. the question is whether they can get elements on board to pass such a thing. that also is something that is being required right now by the ratings agency. moodys. standards & poors. said they must have some credible deficit reduction plan, 4 trillion or so over the next 10 years because of the way they are looking at the u.s. dollar and threatening to downgrade u.s. credit worthiness, and that would be -- add to the catastrophic woes a default can bring. >> the administration said itself if we don't have a plan by this friday, we will not meet the august 2nd deadline. all right. cristiane, a lot of tension there in washington. be sure to join christiane where she sits down with office of management and budget, jacob lew and senate minority whip jon kyl on "this week." >> for a check of the morning top stories, filling in for ro
budget director jack lew and senator jon kyl. two people who are around the negotiating table. in the meantime, also the report about wanting to go back to the grand bargain. president said he wanted to do that. speaker boehner said he wants to do that. the question is whether they can get elements on board to pass such a thing. that also is something that is being required right now by the ratings agency. moodys. standards & poors. said they must have some credible deficit reduction plan,...
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Jul 31, 2011
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good morning, jon. >> reporter: good morning. the details are still being worked out and nobody has signed on the dotted line yet. they still need to see if it will fly with their membership, but they decided on this, a debt ceiling increase of $4.4 trillion. that's enough to get the president past the next presidential election. there would be immediate cuts agrewed to over the next ten years of $1 trillion. then a committee is established. a special congressional committee, that would recommend cuts of a trillion dollars more. the key thing with that committee, bianna, if congress did not act on those recommendations, there would be automatic spending cuts that would take place that would be uncomfortable for both sides. again, details still being worked out. not final yet. but that's the framework that's emerging. >> at least there's a framework they are dealing with. dan said earlier in the show, something, some sign of hope in washington this morning. all right. thank you. dan. >> still fragile but some signs of hope. >>> an
good morning, jon. >> reporter: good morning. the details are still being worked out and nobody has signed on the dotted line yet. they still need to see if it will fly with their membership, but they decided on this, a debt ceiling increase of $4.4 trillion. that's enough to get the president past the next presidential election. there would be immediate cuts agrewed to over the next ten years of $1 trillion. then a committee is established. a special congressional committee, that would...
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Jul 29, 2011
07/11
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so, jon, what is next here? >> reporter: josh, speaker boehner has just finished speaked the a group of 240 house republicans in a private meeting. and i'm told he went and made an impassioned appeal, onene last appeal, to get in line and support his plan to raise the debt ceiling. i'm told that he said, quote, i am a happy warrior. i love everyone here. but he said he's got to have their support for this because if they don't support this, the options that come later will be far worse. he still has to convince some of those republicans who don't want any debt ceiling, however, to go along with this. meanwhile, in the senate, democrats say it is absolutely dead. so, we are not at the end game here yet. what happens next is really anybody's guess. josh? >> all eyes and many angry voters turning their attention, now, to the capitol. the deadline, again, tuesday. jon karl, with the very latest from washington. >>> meanwhile, the standoff there comes as we get more discouraging news about the economy. figures out th
so, jon, what is next here? >> reporter: josh, speaker boehner has just finished speaked the a group of 240 house republicans in a private meeting. and i'm told he went and made an impassioned appeal, onene last appeal, to get in line and support his plan to raise the debt ceiling. i'm told that he said, quote, i am a happy warrior. i love everyone here. but he said he's got to have their support for this because if they don't support this, the options that come later will be far worse....
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Jul 26, 2011
07/11
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let's bring in jon. the speaker said no blank check for the president, but it's not clear that he has the votes to get his plan through the house. what's the latest on that and what's the fallback plan if he doesn't? >> reporter: they don't know if they have the votes yet. this is a tough vote for boehner because a lot of tea party conservatives already think they've sacrificed too much. republican leaders are confident they have the votes and say the president's speech helps them because they can go to conservatives and say, you see the president doesn't like it, it must be a good thing. as for plan b, george, i don't get the sense they have one right now >> that's the same sense i get from the white house. the president calling for compromise last night, but what he's really hoping is republicans cave on this short-term debt ceiling and get him something through the election. >> reporter: white house officials are hoping the senate republican leader, mitch mcconnell, will be able to convince house spea
let's bring in jon. the speaker said no blank check for the president, but it's not clear that he has the votes to get his plan through the house. what's the latest on that and what's the fallback plan if he doesn't? >> reporter: they don't know if they have the votes yet. this is a tough vote for boehner because a lot of tea party conservatives already think they've sacrificed too much. republican leaders are confident they have the votes and say the president's speech helps them because...
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Jul 25, 2011
07/11
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jon karl on capitol hill. bianna golodryga from the new york stock exchange. looking at the asian and european markets overnight, there seems to be concern but not panic yet, bianna. >> reporter: that's right. wall street seems to be patient with washington. markets opening blower. just about 130 points lower. not the knee jerk reaction that people were fearful of. things are still at an impasse. even though the markets aren't selling off, people are concerned about what's still on the table a credit downgrade. the s&p says the u.s. could lose its aaa ratings in the next three months. that would mean that interest rates go higher. it would be more difficult for people to get a loan out there. and it could be a big burden for this economy, as we're just starting to recover. george? >> jon, they had been hoping on capitol hill to come up with some sort of deal before the markets opened today. that has not happened. it seems, the only thing that everyone seems to be accepting that any deal won't include any new tax increases. >> that's the big deal. but the two s
jon karl on capitol hill. bianna golodryga from the new york stock exchange. looking at the asian and european markets overnight, there seems to be concern but not panic yet, bianna. >> reporter: that's right. wall street seems to be patient with washington. markets opening blower. just about 130 points lower. not the knee jerk reaction that people were fearful of. things are still at an impasse. even though the markets aren't selling off, people are concerned about what's still on the...
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Jul 22, 2011
07/11
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abc's jon karl joins us now, from washington, with the latest. what about it? how close are we finally to a deal? >> reporter: getting close to a deal with the house speaker, john boehner. the outlines of this deal include up to $3 trillion in spending cuts over the next ten years including some cuts to popular entitlement programs like medicare and social security. also, elizabeth, it would include a promise or a commitment that congress would bring more money in through tax revenues by reforming the code, closing some of those loopholes. that's something that congress would act on over this last year. >> that last one, isn't that disguise? a tax increase in >> reporter: well, certainly some will call it that. the rates won't go up. congress would have to act over the next year. if they didn't ago, automatic steps would be taken that both sides wouldn't like which would be tax hikes and spending cuts. possibly, elizabeth, they're talking about repealing part of the health care bill. >> even if president obama and speaker boehner reach a deal they have their ow
abc's jon karl joins us now, from washington, with the latest. what about it? how close are we finally to a deal? >> reporter: getting close to a deal with the house speaker, john boehner. the outlines of this deal include up to $3 trillion in spending cuts over the next ten years including some cuts to popular entitlement programs like medicare and social security. also, elizabeth, it would include a promise or a commitment that congress would bring more money in through tax revenues by...
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Jul 27, 2011
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good morning, jon. >> reporter: good morning, robin. we are reaching crisis time here on capitol hill. the republicans delayed a vote on their bill in the house because they don't even have enough republican votes to pass their own bill. democrats don't have the votes to pass their bill, either. the only thing certain up here right now is that everything is in doubt. >> we appreciate you calling. >> reporter: the calls are pouring in. plenty of outrage. but like congress itself, the callers seem hopelessly divided. >> i would really like for him to hold the line against any deal in congress. >> i am calling to ask that you cooperatatwith the president's efforts. >> reporter: the whole place seems to have broken down. republicans can't even convince some of their own members to vote for the republican plan. in a closed door meeting, republican leader eric cantor told fellow conservatives to, quote, stop whining and support the bill. acknowledging, quote, the debt limit vote sucks. across the country, that's the view of washington itself.
good morning, jon. >> reporter: good morning, robin. we are reaching crisis time here on capitol hill. the republicans delayed a vote on their bill in the house because they don't even have enough republican votes to pass their own bill. democrats don't have the votes to pass their bill, either. the only thing certain up here right now is that everything is in doubt. >> we appreciate you calling. >> reporter: the calls are pouring in. plenty of outrage. but like congress...